Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Dan...

Another very good article by Roach, and I agree with him in all respects but one. It is his contention that the US economy is at "stall speed" and the shock of the rise in the price of oil will tip us into recession. My contention all along has been that the decline into recession was already unavoidable, and should the oil shock last much longer it will only make that recession worse.

A minor detail, though, since we are agreed about where the economy is headed.

Thanks again for sharing your roach - catch a big 'un out there.

mlsoft